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Forrest Capie is Professor of Economic History at Cass Business School, City University, London, where he was Head of … Social Sciences. He was editor of the Economic History Review and served on the editorial boards of other journals in the …, Economica, the Journal of Money, Credit, and Banking, the Economic History Review, European Economic History, and British …
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The National Monetary Commission was deeply concerned with importing best practice. One important focus was the connection between the money market and international trade. It was said that Britain's lead in the market for "acceptances" originating in international trade was the basis of its...
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"The collapse of the Bretton Woods system in the early 1970s resulted in a transition to fluctuating rather than fixed currency system. This brought sterling into the turmoil of the world currency markets, and by the end of the 1970s, sterling had quietly ended its role as an international...
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